What Is ACH?

ACH Payment Processing refers to the moving of money electronically.  Essentially there is a communication network that uses the Federal Reserve Banking system to transfer money to and from checking/savings accounts. The Automated Clearing House is the name given to system that accomplishes the transfers.

The ACH industry is regulated by NACHA (http://www.nacha.org). NACHA oversees and makes regulatory changes to the ACH network. ACH processing allows a merchant to collect a payment without waiting for the customer to mail a physical check. By having the customer authorize the electronic debit to their account the transfer of funds is accomplished electronically.

ACH FAQs 

Who should use ACH as a form of payment?

Any company that wants to increase sales by giving consumers more payment options.

What does it cost?

Transaction fees for processing checks are less than the transaction fees for processing credit card transactions.

How can I accept ACH as a form of payment?

A merchant can accept checks via the ACH system through a website, office, fax machine, telephone, mail and other forms of pre-arranged debits. We offer an unique web-gateway that allows a merchant to submit checks online in three different ways:

     1. Single Item Entry through our secure "Manual Entry" feature for one time transactions or recurring billing.                      

     2. We provide a web check gateway for your shopping cart for each customer's purchase.

     3. Transmit batches to our server if you have high item volume.

How quickly do I get the funds?

Funds are typically deposited into the merchant's account the next business day.

What Is The Cost For ACH Processing?

Before we can provide rates for ACH Processing, our underwriters will need to learn a little
bit more about your business. To make this process quick and easy, please
have the following information available and send us an email to ach@stellarpayments.com

1- What types of product/services does your company sell?
2- Where is your company based?
3- What is your average ticket amount?
4- What is your monthly ACH Processing volume?
5- Do you have a US Bank Account & Incorporation?
6- How quickly would you like to start?
7- Are you interested in Credit Card Processing as well?
8- What are your primary concerns and requests with ACH Processing?
9- Are you currently processing? With Who? Do you have statements?